Telangana introduces official e-wallet for boosting digital payments

In a bid to promote the usage of digital payments, Telangana has launched its official e-wallet.

With the launch, the newly created state becomes the first state in the country to take such initiative.

T-Wallet, the official digital wallet of the Telengana is offering anytime anywhere platform for digital payments with no additional charge for the citizens.

The Microsoft Accelerator alum startup Transaction Analysts has collaborated with Telangana to develop T-Wallet.

The digital wallet which uses two-factor authentications, through Aadhaar plus Biometric or Aadhaar plus One-Time Password (OTP) to Aadhaar is linked to the mobile number, for feature and no phone users.

With the help of this platform, citizens will be able to make payments to government and private organisations towards various services but also receive the benefits from the government like pensions, scholarships and MGNREGS wages.

Unique Identification Authority of India (UIDAI) chairman J. Satyanarayana along with Telangana’s Information Technology Minister K.T. Rama Rao formally launched the T-Wallet in Hyderabad.

The digital payment option will be available across formats such as online web browser, smartphone, feature phone and even without a phone.

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